Company Description
Karooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.
It operates through Cartrack, Carzuka, and Karooooo Logistics segments. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision for pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence for cost management and administration capabilities; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics.
It also provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles.
In addition, the company offers Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka and cartrack insurance agency, as well as smart IoT products.
It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices.
Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.
| Country | Singapore |
| Founded | 2001 |
| IPO Date | Apr 1, 2021 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 4,387 |
| CEO | Isaias Jose Calisto |
Contact Details
Address: 363 Smith Street, #05-303 New Bridge Centre, U0 050336 Singapore | |
| Phone | 65 6255 4151 |
| Website | karooooo.com |
Stock Details
| Ticker Symbol | KARO |
| Exchange | NASDAQ |
| Fiscal Year | March - February |
| Reporting Currency | ZAR |
| IPO Price | $47.52 |
| CIK Code | 0001828102 |
| CUSIP Number | Y4600W108 |
| ISIN Number | SGXZ19450089 |
| SIC Code | 7372 |
Key Executives
| Name | Position |
|---|---|
| Isaias Jose Calisto | Founder, Chief Executive Officer and Executive Chairman |
| Hoe Shin Goy | Chief Financial Officer and Executive Director |
| Richard J. Schubert | Chief Operating Officer |
| Pedro Ventura | Chief Technology Officer |
| Juan Marais | Chief Sales Officer |
| Carmen Calisto | Chief Strategy and Marketing Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jul 18, 2024 | 6-K | Report of foreign issuer |
| Jul 15, 2024 | 6-K | Report of foreign issuer |
| Jul 11, 2024 | F-3 | Filing |
| Jun 14, 2024 | 6-K | Report of foreign issuer |
| Jun 13, 2024 | 20-F | Annual and transition report of foreign private issuers |
| May 30, 2024 | SD | Form - SD |
| May 15, 2024 | 6-K | Report of foreign issuer |
| May 6, 2024 | 6-K | Report of foreign issuer |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | 6-K | Report of foreign issuer |